Shop for sale

Station Road, Newcastle Upon Tyne NE3

0191 490 6101

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3 bed

0 bath

Property description & features

Tenure: Leasehold
Investment Opportunity
Potential 10% ROI
Spacious Shop Front
Kitchen, Office & WC
Busy & Popular Location
Retirement Sale

INVESTMENT OPPORTUNITY - A well-presented and spacious shop premises occupying a busy and prominent position in South Gosforth. Currently operating as a ladies hair salon, the owner is selling due to retirement. With an anticipated rental income is of towards 1,500pcm, this would provide an attractive 10 ROI against the asking price. The building consists of the main shop-front, a rear kitchen area, office/store and separate WC. Access is available at both the front and rear elevations. The location is within a popular residential area close to the Jesmond Dene and a variety of other shops, amenities and transport links. Viewings are highly recommended.

Main Shop Premises (31' 2" by 19' 3" (9m 50cm by 5m 88cm))
With large glass shop-front window and entrance door. Wood floor, Five central heating radiators.

Kitchenette (16' 10" by 9' 10" (5m 13cm by 3m ))

Office/Store Room (9' 10" by 7' 8" (3m by 2m 33cm))

WC (5' 1" by 3' 1" (1m 56cm by 95cm))
WC, Wash hand basin, Wall mounted boiler.

External
Covered rear access.

Tenure
Leasehold - 999yrs.

Services
Mains gas, electric, water and drainage.
Rateable Value - 9,200pa.
Floor Area - 82.9sq/m.

Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

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Places of interest

A & G Land & Property Agents - Westerhope

Anderson House, Crispin Court, Newbiggin Lane Westerhope, Newcastle upon Tyne NE5 1BF

0191 490 6101

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What is your home worth?

Headed by award winning property expert Gareth Jones, A&G Land & Property Agents provides an exclusive one-to-one service for every client. Instead of focusing on volume, we are instead focused on quality of service, specialist advice and on delivering absolute success for our clients. This approach has already ensured tremendous sales results for a wide variety of properties throughout the North East, including the Tyne Valley and Newcastle. Gareth works directly on each sale, from start to completion, providing an unrivalled and truly bespoke service. This includes: All initial valuations Guidance on individual marketing Personally accompanying all prospective purchasers around the properties Negotiating each sale Liaising through the conveyance stage Smoothing out any snagging With over 20 years' experience in property, Gareth has extensive knowledge and expertise operating in both a buoyant and stagnant market. His agility, energy and insight has seen him win an impressive eight consecutive industry awards for excellence. Primarily, vendors are usually selling their largest asset. To maximise this asset value, it requires a professional expert, with experience and a proven record of success. Absolute success cannot be guaranteed by simply playing the numbers game and hanging your property 'out for sale' on one of the major website platforms. It requires a considered approach, taking account of all the subtleties, which can have a dramatic effect on the overall outcome. What A&G provide is direct expert-involvement at every stage of the sale process - and we do this to ensure each client 'absolute' success at all levels - which includes maximum achievable price, not just a sale.

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